Symbol |
NZDUSD |
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Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.6690 to 0.6610). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets. - Beginning of entry zone (0.6690)
- Support on 07/02/2018
- Trough on 07/03/2018
- Support on 07/03/2018
- Resistance on 08/21/2018
- Resistance on 08/24/2018
- Resistance on 09/20/2018
- Resistance on 09/21/2018
- Resistance on 09/24/2018
- Resistance on 09/26/2018
- Resistance on 11/02/2018
- Ending of entry zone (0.6610)
- Resistance on 08/14/2018
- Resistance on 08/16/2018
- Support on 08/31/2018
- Resistance on 09/04/2018
- Resistance on 09/06/2018
- Resistance on 09/18/2018
- Support on 09/20/2018
- Support on 09/27/2018
- Support on 09/28/2018
- Resistance on 10/19/2018
- Peak on 10/22/2018
- Resistance on 10/22/2018
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Midterm forecast: - 0.64300 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis: - There is a divergence in RSI and price between the trough at 0.6544 on 2018-08-15 and the trough at 0.6424 on 2018-10-08, the probability of downtrend continuation is decreased and the probability of continuation of uptrend is increased.
- The RSI resistance #1 at 59 is broken, so the probability of continuation of uptrend is increased.
- While the RSI uptrend #2 is not broken, bullish wave in price would continue.
- A trough is formed in daily chart at 0.6465 on 10/26/2018, so more gains to resistance(s) 0.6800, 0.6910, 0.7025 and more heights is expected.
- Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
- Relative strength index (RSI) is 65.
Take Profits: - 0.6800
- Resistance on 11/08/2018
- Resistance on 11/07/2018
- Resistance on 08/02/2018
- Resistance on 07/27/2018
- Resistance on 07/24/2018
- Resistance on 07/23/2018
- Resistance on 07/19/2018
- Resistance on 07/18/2018
- Resistance on 07/17/2018
- Resistance on 07/05/2018
- Support on 11/21/2017
- Support on 11/20/2017
- Support on 11/17/2017
- 0.6910
- Resistance on 06/22/2018
- Resistance on 06/20/2018
- Support on 05/28/2018
- Resistance on 05/17/2018
- Resistance on 05/16/2018
- Support on 05/14/2018
- Support on 05/10/2018
- Resistance on 12/11/2017
- Resistance on 12/06/2017
- Resistance on 12/05/2017
- Resistance on 12/01/2017
- Resistance on 11/29/2017
- Resistance on 11/28/2017
- Resistance on 11/23/2017
- Resistance on 11/15/2017
- 0.7025
- Resistance on 06/14/2018
- Resistance on 06/13/2018
- Resistance on 06/12/2018
- Resistance on 06/11/2018
- Resistance on 06/04/2018
- Resistance on 06/01/2018
- Resistance on 05/31/2018
- Resistance on 05/08/2018
- Support on 12/27/2017
- Resistance on 12/22/2017
- Resistance on 12/21/2017
- Resistance on 12/18/2017
- Resistance on 12/15/2017
- Resistance on 12/14/2017
- Resistance on 12/13/2017
- 0.7175
- Support on 02/08/2018
- Trough on 02/08/2018
- Resistance on 01/09/2018
- Resistance on 01/08/2018
- Resistance on 01/05/2018
- Resistance on 10/19/2017
- Resistance on 10/18/2017
- Resistance on 10/17/2017
- Resistance on 10/16/2017
- Resistance on 10/13/2017
- Support on 10/02/2017
- Support on 09/28/2017
- Support on 09/27/2017
- Support on 09/26/2017
- Support on 09/14/2017
- Support on 09/07/2017
- Support on 08/31/2017
- Support on 02/28/2017
- Support on 02/23/2017
- Support on 02/20/2017
- Support on 02/17/2017
- Support on 02/10/2017
- Support on 02/09/2017
- Resistance on 12/09/2016
- Resistance on 12/08/2016
- Resistance on 12/07/2016
- Resistance on 11/30/2016
- Support on 11/10/2016
- Support on 10/20/2016
- Resistance on 08/09/2016
- Resistance on 08/05/2016
- Resistance on 08/04/2016
- Support on 07/14/2016
- Resistance on 07/01/2016
- Resistance on 06/22/2016
- Resistance on 06/21/2016
- Resistance on 06/09/2015
- Resistance on 06/04/2015
- Resistance on 05/29/2015
- Support on 02/03/2015
- Support on 03/18/2011
- Support on 03/17/2011
- Support on 03/16/2011
- Support on 09/08/2010
- Resistance on 09/02/2010
- Resistance on 08/18/2010
- Support on 08/10/2010
- Resistance on 07/21/2010
- Resistance on 07/20/2010
- Support on 07/15/2010
- Support on 05/10/2010
- Support on 05/05/2010
- Support on 04/29/2010
- Resistance on 04/23/2010
- Resistance on 04/09/2010
- Resistance on 03/18/2010
- Resistance on 03/17/2010
- 0.7435
- Resistance on 02/16/2018
- Peak on 02/16/2018
- Resistance on 01/24/2018
- Peak on 01/24/2018
- Resistance on 09/20/2017
- Peak on 09/20/2017
- Resistance on 08/04/2017
- Resistance on 07/25/2017
- Resistance on 05/19/2015
- Support on 05/15/2015
- Support on 05/08/2015
- Support on 05/07/2015
- Support on 04/14/2015
- Support on 04/13/2015
- Support on 04/02/2015
- Support on 04/01/2015
- Resistance on 03/12/2015
- Support on 02/24/2015
- Resistance on 02/12/2015
- Resistance on 02/11/2015
- Resistance on 02/10/2015
- Resistance on 02/09/2015
- Resistance on 02/06/2015
- Resistance on 02/05/2015
- Resistance on 02/04/2015
- Resistance on 02/03/2015
- Support on 01/23/2015
- Support on 11/22/2011
- Resistance on 03/23/2011
- Resistance on 03/22/2011
- Resistance on 03/11/2011
- Support on 02/24/2011
- Support on 02/23/2011
- Support on 02/22/2011
- Resistance on 12/22/2010
- Resistance on 12/21/2010
- Resistance on 12/20/2010
- Resistance on 12/17/2010
- Support on 12/08/2010
- Support on 11/29/2010
- Support on 10/27/2010
- Support on 10/22/2010
- Support on 10/21/2010
- Support on 10/20/2010
- Support on 10/19/2010
- Support on 10/08/2010
- Resistance on 10/01/2010
- Resistance on 01/15/2010
- Resistance on 01/14/2010
- Resistance on 01/13/2010
- Resistance on 01/12/2010
- 0.7560
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